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Technology and Paradigms of Managerial Decision Making

Technology and Paradigms of Managerial Decision Making Combines theory with practice, based on experiences rather than philosophical speculation. The question posed is whether technological innovation must be regarded as an exogenous or endogenous variable in economic models. Neoclassical economics, even in such modified versions as developed by Samuelson and Solow, regard technology, labour economics and social change, exogenous. The belief is that they are endogenous, and innovations in the technological sphere are no less influenced by economic factors than the economy by technological developments. Examines the related decision‐making processes in one of the major electronics multinationals in order to obtain more insight into the complex interaction between economic and technological changes. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Social Economics Emerald Publishing

Technology and Paradigms of Managerial Decision Making

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References (8)

Publisher
Emerald Publishing
Copyright
Copyright © 1994 MCB UP Ltd. All rights reserved.
ISSN
0306-8293
DOI
10.1108/03068299410064756
Publisher site
See Article on Publisher Site

Abstract

Combines theory with practice, based on experiences rather than philosophical speculation. The question posed is whether technological innovation must be regarded as an exogenous or endogenous variable in economic models. Neoclassical economics, even in such modified versions as developed by Samuelson and Solow, regard technology, labour economics and social change, exogenous. The belief is that they are endogenous, and innovations in the technological sphere are no less influenced by economic factors than the economy by technological developments. Examines the related decision‐making processes in one of the major electronics multinationals in order to obtain more insight into the complex interaction between economic and technological changes.

Journal

International Journal of Social EconomicsEmerald Publishing

Published: Sep 1, 1994

Keywords: Decision making; Economics; Electronics industry; Macroeconomics; Management; Multinationals; Social economics; Technological innovation

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